Macro Morning

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Australian dollar smacked as China stoush explodes

By Chris BeckerĀ 

Risk markets re-engaged the buy levers again with the release of the latest FOMC minutes providing a catalyst for further advances, Wall Street lifting nearly 2% while other risk assets like the Australian dollar and oil rose in kind with industrial metals mixed. Treasury yields fell back to historic lows again while the USD lost ground against everything but Pound Sterling.

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